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output at a plant as the economy slows and demand weakens. meantime 40% of china's iron ore mines are standing idle as steel prices have crumbled. and loans to firms and households fell more than expected. ecb staying loans to the private sector fell 0.6% from the same month a year ago. italy's borrowing costs falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is spor
're finding things to do on the consumer side. i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're ver
the economy tanked right after taking out a loan to fix the leaky roof. but then the killing of four oakland police officers, two right outside his door. >> -- now since the police killing right in front of our school, it just went straight down and it was hard to hold on to students. >> reporter: this summer, the couple squared up with reality. >> and we realized we couldn't hang on anymore. have to -- so we announced august 26th to the students we were going to have to let the business go. three. >> reporter: but long-time students are now rallying to help the owens keep the building, recalling the times when they refused to turn her away even when she couldn't pay for classes. >> so all that training that i got, i gave that to my children and my nieces and my sisters and my nephews, and it just spiralled. >> go. >> reporter: the bank gave owens until october 11th to come up with a financial plan. he figures he can survive if he can sign up 60 new students by then. >> years ago, me and my wife offered him to move into a more plush area over on grand avenue. but his heart is here. >> one, t
revenues are up even in a down economy might signal that fans just don't have that in them. back to you guys. >> thank you very much, chris. >>> too costly to do business, comcast says. that's the reason it's cutting up to a thousand jobs and shutting several call centers in northern california. here are the details. three call centers in morgan hill, livermore, and sacramento will close. the company is offering employee jobs at its other west coast offices including in portland, seattle, and denver. comcast does own nbcuniversal and this station. the economy has more than 5,000 employees in california. >>> again today, san francisco's board of supervisors considered altering its building code to allow the construction of the so-called microapartments. we simulated the 300-square-foot floor plan in this video with tape and a couple of volunteers. it fits about a ping-pong table and a small dining room table. the supes postponed the plan. opponents fear the units would boost population density and strain city services. >>> president obama and mitt romney are both weighing in on critical
the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is found dead. now police wonder if he's tied to the
now give the president the edge on the economy. the cornerstone on the economy. and they believe romney's policies will favor the rich. >> it's been a consistent line of attack for the president. >> i do not believe that another round of tax cuts for millionaires will bring good jobs back to ohio. >> and it features prominently in obama's television ads that have saturated the air waves. they're joust spending the romney team. they have spent $47.9 million in ohio, and romney and outside groups have spent $42.5 million. the romney campaign says it's not bothered by the poll numbers saying they have confidence in their own internal polling and believe their making in roads in ohio and message with lower spending and debt. >> the status quo has not worked. we cannot afford four more years of barack obama, we're not going to have four more years of barack obama. >> if you had any doubt about the schedule, they even have rallies scheduled at the exact same time in different cities. >> thank you, frank luntz is a former hpollster, good morning. >> morning, and i think ohio will win th
economy depends on having more college graduates and your social security is ultimately gonna depend on whether these kids are successful. so we all have a vested interest in seeing these kids do well. >> the dream act was passed by the general assembly last year. opponents say the law is unfair to citizens and will be a financial burden on the state. they collected more than 100,000 petition signatures to force the issue on this november's ballot well, the big ticket on the ballot remains the presidential race. this weekend the hopefuls slugged it out as the candidates took a breather. both mitt romney and president obama released taped messages as they prepared for their first debate coming up in just three days. brian moore has the latest. >> days before the presidential debate, mitt romney is hammering the president on foreign policy. >> when president obama was asked about the recent disruption and chaos in the middle east, he said these were merely bumps in the road. bumps in the road also describe something the romney campaign has been unable to avoid in recent weeks. distract
to get their real referee's back. it reminds me of president obama and the economy if you cannot get it right thing you should get out. this statement was made by mitt romney. >> everybody was to appoint. the eight year deal is tentative until you in members vote. they will make $205,000 by the handcuff 2000 and. we malcolm r. ewing in members back on the field and many fans agree. a lot of fans are glad to see the season go for it. they have combined 70 years of season experience. this will make referees and appreciate the season like never before. the nfl will protect their pensions and they will hire more referees for training. the union is expected to vote on this on saturday. >> melete cabrera has been suspended by the giants. he would have been eligible for. the club will go with the 25 players s.f. that have and we will like to know whether or not the giants made a good decision. on our facebook page and boat. >> near the coast line the fall just will not disappear. you cannot even see the bridge towers. we have been in the '90s and nearly everywhere. in the north bay we're in
since february, consumer spending drives 70% of the total economy. where there is nfl action there's gambling a lot of money in the final moments of monday night's game some total a billion dollars when you figured in wageringing in nevada. >> welcome back. good morning coming up on 5:14 looking live from our hd roof cam, you can see the bay bridge in the back ground beautiful morning with buildings lit up. mike says areas of patchy fog. he will have your forecast coming up. >>> congress is considering minting commemorative coins with proceeds to help he raise the federal deficit. -- erase the federal deficit from moon oring the pro football hall of fame, mark twain and send 10 of mother's dame in the past 30s the coins have generated more than 400 million dollars for private companies. congress wants to make coins to help the federal economy. >>> american claims pilots are deliberately causing delays and cancellations leaving passengers in the dust. the troubled airline says pilots are calling in sick or grounding planes for minor repairs. the union says american is operating with
, museums, festivals and the educated work force. it looked at the economy and the number of pro teams. seattle came in number two, followed by washington, d.c., boston and portland. >>> gay rights activists are planning to protest next week's installation of san francisco's new archbishop. he will be installed during a mass at st. mary's cathedral next thursday. the examiner reports that a group of gay rights act visits are planning to protest and they say it will not just -- activists are planning to protest and they say they are upset about the same-sex marriage ban. his spokesman says he respects their position and police will be onhand. >>> sal, you are watching the bridges. but i know you are looking at the toll plaza. >> yeah. it's really been very busy. very slow trying to get across into san francisco if you are trying to get there in your car, you will be waiting quite a bit. a lot of people start here and they travel through the area, 24 and 680 to get to 80. it's very slow here in bay point. 680 is slow as well. we were talking go the -- we were talking about the toll plaza
. tonight the president was in washington speaking about the economy. >> the question right now is whose plan is going to keep us moving forward. you guys are a little biased. >> all of this comes as the university of denver is getting ready for the first presidential debate. the two will face off wednesday evening from 6:00 p.m. to 7:30 our time. the election is still more than a month away but coming up in 13 minutes why it's almost too late to reach some voters. >>> cellcell phones using google or android are in danger of being wiped clean. it can happen when opening a website -- the problem requires a software update in order to fix it. >>> apple ceo is apologizing for mapping in the phone. john reports on what frustrated customers can do to bypass the problem. >> i got lost three times. >> this man came to meet his sister. but he says his i-phone with the new apple maps made even the downtown hard to find. >> i kept missing off ramps. >> apple perhaps can be downloaded to older models but countless online comments say people who thought the world was flat were more accurate. >> i lo
mean trouble for japan's economy. barnes and noble is rolling out to new versions of its nook tablet. the new template includes new hardware and a sharper high- definition screen. the company says the new version will come into sizes' won a seventh change screen $199 for the other is the new agency comes with a 9 in. screen and starts at $269. barnes and noble is adding a video purchase and rental service but no word yet on when those new notes will be available. >> we will take a break still ahead on the kron for morning news two men arrested trying to still whole bunch of bull laptops from facebook. we have jackie sissel live at the scene there is a twist to the story you have to stick around to find out what happened there that has people at facebook raising eyebrows. also a look at was down a traffic moving all right we will get a check of eth traffic with erica and whether with george in just one minute. we're live here or conceive the lights downtown san francisco as to what it looks like this morning as you make your way and get ready to head off to work. good morning erica >>
not realize that most of our jobs in this economy come from small businesses. we need to champion small businesses. we need to make sure >> despite the small size, new hampshire is a key battle ground state. ryan was just there last week. >>> the latest polls show the president ahead of romney in nine battle ground states. the biggest leads are in new hampshire, iowa and the smaller in north carolina. the average percentage of polls is 49.5% for president obama, 44% for romney. >> there are more accusations of voter fraud in florida. the state says suspicious voter registration forms have turned up in at least 10 counties. the florida republican party blames the firm it hired. the g.o.p. national committee paid more than $3 million to the company, strategic consulting for voter registration and get out the vote operations. republicans say they fired the firm after apparent phoney registration forms started to turn up. >>> nobel peace prize winner anhs san suchi makes a stop on her historic trip to the u.s. she is scheduled to speak at the university of san francisco. suchi has already m
value slam. only four dollars every day. only at denny's. >> it's no secret that in a tough economy, the first thing to disappear, art programs. and that leaves students with few outlet options. >> but here in baltimore, one college band instructor is trying to change all that by providing a saturday band program. it's keeping your love of music alove. the benefits don't stop there. leah thompson loves playing her trumpet. >> i like the sound, like the soulful sound. it's in my blood. i just love music. my way of life. >> she took music classes at her school when she lived in new york. but when she moved to baltimore, she discovered her new school doesn't have a music program. >> since our school didn't have a band, i was sad because i love band. my mother told me about the program. >> hugh barns is the university band director. he started a saturday enrichment program to allow baltimore city students in 8th through 12th grade learn to play an instrument. >> lot of people written off the bizarre problems, social problems, academic problems, mental problems and what i'm trying to sho
what it takes to get this economy going again. i care about the people of america. >> reporter: it's a delivered effort, analysts say, with a tv ad designed to show empathy and soften his image. >> president obama and i both care about poor, working class families, the difference is, my policies will make things better for them. >> reporter: and despite relentless criticism of obama care, romney touted how his own health care overhaul in massachusetts helped families. >> don't forget, i got everybody in my state insured, 100% of the kids in our state have health insurance, i don't think there's anything that shows more empathy and care about the people of this country than that kind of record. >> reporter: still, president obama is furiously working to frame his opponent as out of touch. again, keying in on romney's comments seemingly dismissing 47% of americans who pay no income tax. >> i don't believe we are going to get very far if we've got leaders who write off half the nation as a bunch of victims who don't take responsibility for their own lives. >> reporter: less than a wee
Search Results 0 to 14 of about 15